On Jun 27, 2018 Lam Research (NASDAQ:LRCX) Was Upgraded From “Neutral” By UBS.

June 27, 2018 - By Stephany Jackson

Big Money Sentiment increased to 1.1 in 2018 Q1. It has change of 0.02, from 2017Q4’s 1.08. The ratio improved due to Lam Research Corporation positioning: 62 sold and 259 reduced. 131 funds bought stakes and 223 increased stakes. Investors holded 140.89 million in 2017Q4 but now own 138.23 million shares or 1.88% less.

Lam Research Corporation registered $28.53 million net activity with 0 insider buys and 12 sales since January 23, 2018. Another trade for 10,000 shs valued at $2.24 million was sold by O’Dowd Sarah A. The insider ARCHER TIMOTHY sold 5,000 shs worth $950,000. On Wednesday, March 7 Shares for $3.54M were sold by Gottscho Richard A. Another trade for 11,200 shs valued at $2.52 million was sold by Anstice Martin B. $1.20 million worth of Lam Research Corporation (NASDAQ:LRCX) was sold by LORD PATRICK J on Friday, April 20.

UBS Increased Lam Research (NASDAQ:LRCX)’s Stock Rating to “Buy”.

On Tuesday morning research analysts at UBS upgraded Lam Research (NASDAQ:LRCX)‘s shares rating to “Buy” from “Neutral”. LRCX’s rating change was published in a report.

Lam Research Corporation (NASDAQ:LRCX) Ratings Coverage

In total 19 analysts cover Lam Research (NASDAQ:LRCX). “Buy” rating has 18, “Sell” are 0, while 1 are “Hold”. (NASDAQ:LRCX) has 95% bullish analysts. 29 are the (NASDAQ:LRCX)’s ratings reports on Jun 27, 2018 according to StockzIntelligence Inc. In Tuesday, May 15 report Cowen & Co initiated it with “Buy” rating and $28500 target. On Tuesday, January 16 the stock of Lam Research Corporation (NASDAQ:LRCX) earned “Positive” rating by Susquehanna. On Thursday, January 25 Susquehanna maintained the shares of LRCX in report with “Buy” rating. The stock rating was maintained by Needham with “Buy” on Thursday, January 25. On Wednesday, April 18 Stifel Nicolaus maintained Lam Research Corporation (NASDAQ:LRCX) rating. Stifel Nicolaus has “Buy” rating and $295 target. On Wednesday, April 18 the stock has “Buy” rating by B. Riley & Co. On Wednesday, April 18 the rating was maintained by Goldman Sachs with “Buy”. The company rating was maintained by KeyBanc Capital Markets on Wednesday, January 24. On Thursday, January 25 the rating was maintained by Deutsche Bank with “Buy”. In Wednesday, April 18 report FBR Capital maintained it with “Buy” rating and $28500 target.

LRCX hit $173.025 during the last trading session after $0.905 change.Currently Lam Research Corporation is uptrending after 31.27% change in last June 27, 2017. LRCX has also 780,062 shares volume. The stock outperformed the S&P 500 by 18.70%.

On July, 25 WallStreet anticipated Lam Research Corporation (NASDAQ:LRCX)’s earnings release, according to Zacks. The earnings per share diference is $1.89 or 60.77 % up from last years number. Previous year: $3.11; Analysts forcast: $5.00. If LRCX’s EPS is $5.00 the profit will reach $820.23M for 8.65 P/E. 4.38 % EPS growth is what analysts predict. $4.79 earnings per share was reported for last quarter.

For more Lam Research Corporation (NASDAQ:LRCX) news published briefly go to: Investorplace.com, Nasdaq.com, Investorplace.com, Seekingalpha.com or Investorplace.com. The titles are as follows: “Lam Research Corporation Stock Is Falling, But It’s a Knife I Can Confidently Catch!” published on June 07, 2018, “Consolidated Research: 2018 Summary Expectations for Antero Midstream Partners LP, Lam Research, TransUnion …” on June 18, 2018, “5 All-Star Dividend Stocks for Any Portfolio” with a publish date: June 26, 2018, “Lam Research Is A Huge Buy” and the last “20 Massively Underpriced Stocks Wall Street Expects to Soar” with publication date: June 25, 2018.